Would investing in precious metals ETFs (those backed by physical holdings as opposed to mining/services) be as good as owning the physical metals themselves?
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I don’t know what an ETF is, but are you talking about paper or like a debit card? Scottsdale Mint has a program or is connected to one where you buy gold or silver, but instead of giving you the actual metal, they give you a debit card with your dollar amount.
It looks interesting but I need to do some more research.
PPD
On the sixth part of Hannity’s interview with President Trump start at around 3:00 minutes in. Keep watching. It’s video of Biden.
Look at the wrinkles on his forehead. Look at the pattern that they form. That ain’t natural.
-SB
Thanks Petey. I cannot imagine having that sort of value on a debit card. I have a wallet full of un-used rebates and refunds on those things not to mention gift cards.
An ETF (exchange-traded fund) is a type of pooled investment security that operates much like a mutual fund.
ETFs track a particular index, sector, commodity, or other asset, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange like a regular stock.
I was thinking of moving my cash into ETFs for gold, silver, or a basket of these two with platinum and palladium. As another FreeQ pointed out, the run up in value has already happened so I missed the early retirement boat.
I remember when gold fell to around $200/oz. so I’d say I missed that boat by about 20 years.